|
CONSUMER COMPLAINT RECOVERY
FUND NOTICE
MORTGAGES DIRECT AND MICHAEL DAVID MCCORD ARE LICENSED UNDER THE
LAWS OF THE STATE OF TEXAS AND BY STATE LAW IS SUBJECT TO
REGULATORY OVERSIGHT BY THE TEXAS DEPARTMENT OF SAVINGS AND
MORTGAGE LENDING. ANY CONSUMER WISHING TO FILE A COMPLAINT
AGAINST MORTGAGES DIRECT AND/OR MICHAEL DAVID MCCORD SHOULD
COMPLETE, SIGN, AND SEND A COMPLAINT FORM TO THE TEXAS
DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR,
SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND
INSTRUCTIONS MAY BE DOWNLOADED AND PRINTED FROM THE DEPARTMENT'S
WEB SITE LOCATED AT
WWW.SML.STATE.TX.US OR OBTAINED FROM THE DEPARTMENT UPON
REQUEST BY MAIL AT THE ADDRESS ABOVE, BY TELEPHONE AT ITS TOLL
FREE CONSUMER HOTLINE AT 1-877-276-5550, BY FAX AT (512)
475-1360, OR BY E-MAIL AT
SMLINFO@SML.STATE.TX.US.
THE DEPARTMENT MAINTAINS THE
MORTGAGE BROKER RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN TYPES
OF JUDGMENTS AGAINST A MORTGAGE BROKER OR LOAN OFFICER.
NOT ALL CLAIMS ARE COMPENSABLE AND A COURT MUST ORDER THE
PAYMENT OF A CLAIM FROM THE RECOVERY FUND BEFORE THE DEPARTMENT
MAY PAY A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY
FUND, PLEASE CONSULT SUBCHAPTER F OF THE MORTGAGE BROKER LICENSE
ACT ON THE DEPARTMENT'S WEB SITE REFERENCED ABOVE. |